Dalmia Bharat Acquisition Worth ₹0.01 Cr
Dalmia Bharat's step-down subsidiary, Ascension Mercantile, acquired a 100% stake in AMPL Green City Solutions for Rs. 0.01 Crore. The acquisition focuses on waste management.
- Value
- ₹0.01 Cr
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Dalmia Bharat's step-down subsidiary, Ascension Mercantile, acquired a 100% stake in AMPL Green City Solutions for Rs. 0.01 Crore. The acquisition focuses on waste management.
Dalmia Bharat completed the acquisition of cement plants at four locations with 5.2 MnTPA capacity. Total cement capacity now reaches 54.7 MnTPA.
Dalmia Bharat acquired cement assets in Central India for ₹2,850 Crore. The deal adds 5.2 MnTPA capacity, strengthening its position as a pan-India player.
Dalmia Cement (Bharat) Limited, a material subsidiary of Dalmia Bharat, will acquire a 41% stake in Oyster Green Hybrid Five Private Limited for ₹17.35 Crore. The investment in the Andhra Pradesh-based SPV supports the group's commitment to renewable energy and carbon negativity by 2040.
Dalmia Bharat Limited's subsidiary, DCBL, will acquire a 41% stake in Oyster Green Hybrid Five Private Limited for ₹17.35 Crore. This strategic investment aims to source 35.6 MW of wind-solar hybrid power for DCBL's Kadapa plant, supporting the group's renewable energy goals. The transaction is expected to conclude within four months.